| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1345 |
| DP1345 Matching, Heterogeneity and the Evolution of Income Distribution | |
| Daron Acemoğlu | |
| 发表日期 | 1996-02-29 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | In contrast to the recent literature on the optimal inflation tax, we show that, in models where money reduces transactions costs, it is optimal to set the inflation tax to zero when seigniorage is replaced by revenue from distortionary taxes. The main reasons for this result are that the variable costs of supplying real balances are negligible and the inflation tax is a unit tax. We also show that the intermediate good optimal taxation rules, in the public finance literature, cannot be directly applied both when money is costless and when it requires resources to be produced. |
| 主题 | International Macroeconomics |
| 关键词 | Friedman rule Inflation tax Intermediate good Transactions technology |
| URL | https://cepr.org/publications/dp1345 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530487 |
| 推荐引用方式 GB/T 7714 | Daron Acemoğlu. DP1345 Matching, Heterogeneity and the Evolution of Income Distribution. 1996. |
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